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The Drawn-Out Crisis -- It's the Obama Way
Wayne Miller (Old Sarge) in Hinesville, GA
Saturday, December 1, 2012 at 8:07 PM
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Kathleen, Pleae explain the benefit blanket it would have. It's been proven time and time again that raising taxes on the rich hurts the economy. They stop investing and small business owners in that bracket stop hiring and usually cut employees hours. The projected $80 million in revenue it would raise won't make a dent in the massive debt. What do you think they plan to do with that revenue? I'll go out on a limb and bet it won't go towards the debt.